Egypt Shares Ended Mixed, EGX 30 Nears 5695 pts

Driven by local and Arab selling pressures, Egypt’s shares ended lower incurring losses totaled EGP 693 million on Wednesday.

Yet, the benchmark index finished higher near 5695 pts.

The Egyptian Exchange indices were wavering in mixed notes during the closing session of Wednesday.

Egypt’s benchmark index EGX30 ended 0.29 per cent higher to 5694.01 pts, and the EGX20 also finished 0.06 per cent up to 6652.9 pts.  
Meanwhile, the mid- and small-cap index, the EGX70 fell by 0.25 per cent to conclude at 493.42 pts. The price index EGX100 also dipped by 0.07 per cent to close at 822.39 pts.
The capital market has closed at EGP 379.444 billion on Wednesday.

Through the closing session of Wednesday, the trading volume has reached 84.912 million securities. For the traded value, it hit EGP 392.810 million, exchanged through 25.178 thousand transactions.    

Also during the closing session, 169 listed securities have been traded in; 80 declined, 68 advanced; while 21 keeping their previous levels.

Investors’ Activity
Arabs and Egyptians were net sellers for they seized 4.8% and 83.54% respectively, of the total market, with net equities of EGP 7.099 million and EGP 10.043 million, excluding the deals.

On the other hand, the non-Arab foreigners were net buyers as they acquired 11.66% of the total market, with a net equity of EGP 17.143 million, excluding the deals.